Insight / Top tips: how to carry out an HR data audit for GDPR

With the General Data Protection Regulation (GDPR) only a month away, Alastair Brown, chief technological officer at Bright HR, provides tips on how to carry out a HR data audit to identify areas which do not meet the new standards ahead of the deadline

Insight / Grant Thornton to sponsor digital cyber academy

Grant Thornton is to join Deloitte and BAE system in a partnership with UK cyber security start-up Immersive Labs to help further advance the company’s digital cyber academy (DCA) which aims to provide real-life training

Insight / FRC lab seeking AI project participants

The Financial Reporting Council’s (FRC) financial reporting lab is seeking representatives of listed companies, investors/analysts and technology experts to participate in a project looking at the impact of the technology in the production and consumption of corporate reporting

Insight / Gig economy and technology challenge workforce strategy

Companies need better strategies to manage the growing use of ‘non-traditional’ labour, including freelancers, contractors and ‘gig’ employees, while technology is changing the nature of the skills required in all sectors, including accountancy, according to two recent surveys

Insight / RBS buys FreeAgent accounting software

Edinburgh-based accounting software supplier FreeAgent has been bought for £53m by RBS, marking the bank’s first acquisition since its disastrous £49bn takeover of Dutch giant ABN Amro in the lead-up to the financial crisis

Insight / FTSE 100 failing to report on cyber security testing

Two months before the introduction of the general data protection regulations (GDPR), only a minority of FTSE 100 companies are currently reporting in detail on their plans to demonstrate strong cyber security, according to analysis by Deloitte

Insight / Accountants must watch out for cryptocurrencies

ACCA is warning accountants of the importance of maintaining an up-to-date understanding of developments in the fast-moving space of cryptocurrencies like Bitcoin, in light of the risks of money laundering and consumer exploitation

Insight / Central banks warned over digital currencies

Central banks should think carefully about the implications for financial stability and monetary policy before issuing digital currencies to the general public, according to a report from the Bank for International Settlements (BIS), which suggests bitcoins and other cryptocurrencies are ‘poor imitations of money’

Insight / Five things accountants need to know about GDPR

As well as advising clients on how to be compliant with the General Data Protection Regulation (GDPR), which comes into force on 25 May, accountants must also ensure that their firms are prepared. Adam Prince, vice president of compliance, product management at Sage, provides five tips on what accountants can do to be compliant by the deadline

Insight / Plans to create pan-EU fintech hub

The European Commission has unveiled plans to make the EU a global hub for technology-enabled innovation in financial services (fintech), including new rules designed to help crowdfunding platforms grow across the EU's single market

Insight / Google partners with Xero to launch client chat bot

Xero has partnered with Google Cloud to launch an accounting bot for the internet giant’s new Hangouts Chat feature which will allow accountants to communicate more effectively with their clients

Insight / Pension schemes still vulnerable to ‘old school’ fraud

Three years on from pension freedoms, pension scheme trustees are becoming more alert to fraud risks but are still too complacent when it comes to prevention, particularly in relation to ‘old school’ frauds rather than cybercrime, according to research from RSM

Insight / FSB launches GDPR awareness campaign for small businesses

With only three months to go to the deadline, just 8% of small firms have completed their preparations for the introduction of the General Data Protection Regulation (GDPR), according to research by the Federation of Small Businesses (FSB), which is launching an awareness raising campaign

Insight / Treasury committee to look into digital currencies

The Treasury Committee has announced a new inquiry into digital currencies and distributed ledger technology, in a bid to ensure government understands cryptocurrency more thoroughly, and to encourage debate around the policy environment for blockchain technology

Insight / Is Alexa your next HR hire?

As artificial intelligence becomes increasingly popular through the likes of Amazon Alexa and Google Home Alaistair Brown, chief technical officer at Bright HR, considers how virtual assistants can be used to improve HR in the workplace